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Dec 31, 2012
12/12
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new york's times square is best- known for hosting the city's new year's eve celebrations. tonight, the countdown is on to 2013. ruben ramirez braved the crowds for a behind the scenes look at the preparations. >> reporter: the new 2013 sign is up, the ball drop has been tested. the revelers are gathering. it's a celebration new york city style. >> we've got neon trees, carly rae jepsen, taylor swift, jury from univison, the million dollar quartet.trffisau s ts hee president of countdown entertainment. the evening's festivities are part of a public-private partnership between his firm and the city of new york. >> you've got our costs, you've got the cities costs, it's a lot of money, but it's also one of the biggest events in the world. the promotion that new york city gets from times square new year's eve when the world is watching. that's priceless. >> reporter: and, that means lots of eyeballs for marketers. the big sponsors tonight, nivea, toshiba, philips and the ball's maker, waterford. >> first and foremost. this is a civic event and we needed partners who understood
new york's times square is best- known for hosting the city's new year's eve celebrations. tonight, the countdown is on to 2013. ruben ramirez braved the crowds for a behind the scenes look at the preparations. >> reporter: the new 2013 sign is up, the ball drop has been tested. the revelers are gathering. it's a celebration new york city style. >> we've got neon trees, carly rae jepsen, taylor swift, jury from univison, the million dollar quartet.trffisau s ts hee president of...
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Dec 11, 2012
12/12
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erika miller, nbr, new york. >> tom: more americans bit into a meal from mcdonald's last month. sales of burgers, fries, and shakes in november were much stronger than expected. it's been a difficult year for the restaurant chain, but as diane eastabrook reports, 2013 is looking better. >> reporter: mcdonald's credits its limited offer cheddar bacon onion burger, beverages, and dollar menu for luring more customers back to stores last month. same-store sales were up 2.4% in november, after falling just shy of 2% in october. that was the first sales decline in a decade. while november was an improvement, the sales gain was a fraction of what mcdonald's did during the same month a year ago. mcdonald's has been facing stiffer competition lately from other fast food chains, and with unemployment still high, some cash-strapped consumers have cut back on fast food. david henkes from the restaurant consulting firm technomic says mcdonald's is just in a funk. he thinks the chain can ring up better sales in the coming months with more specialty items and better marketing. >> so many peop
erika miller, nbr, new york. >> tom: more americans bit into a meal from mcdonald's last month. sales of burgers, fries, and shakes in november were much stronger than expected. it's been a difficult year for the restaurant chain, but as diane eastabrook reports, 2013 is looking better. >> reporter: mcdonald's credits its limited offer cheddar bacon onion burger, beverages, and dollar menu for luring more customers back to stores last month. same-store sales were up 2.4% in...
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Dec 29, 2012
12/12
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ruben ramirez, "n.b.r.," new york. >> susie: as 2012 winds down, the end of the year is often a time when we reflect. tonight, "lou's been thinking" about old friends and the best gift ever. here's author and educator lou heckler. >> in the past few weeks, i have lost three friends. i know it's part of getting older, and it still gets you thinking: how will we be measured? poet philip james bailey writes: we live in deeds, not years, in thoughts, not breaths, in feelings, not figures on a dial. there are many deeds to recount in business: profit and loss estimates, new product introductions, new markets entered and conquered. all are notable deeds in their own way. for my part, i could think of degrees earned, positions held, places traveled, ideas shared. somehow they pale compared to the older woman who approached me after a speech i gave at a senior citizens group in florida. i had talked about the healing power of humor and she waited tentatively to speak to me when the speech was over. thank you so much, she said, taking my hands in hers. i told her i should be thanking her, thi
ruben ramirez, "n.b.r.," new york. >> susie: as 2012 winds down, the end of the year is often a time when we reflect. tonight, "lou's been thinking" about old friends and the best gift ever. here's author and educator lou heckler. >> in the past few weeks, i have lost three friends. i know it's part of getting older, and it still gets you thinking: how will we be measured? poet philip james bailey writes: we live in deeds, not years, in thoughts, not breaths, in...
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Dec 15, 2012
12/12
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.," new york. >> well, if you driving to the mall, you are paying a lot less for gas, pump prices are plunging dropping seven and a half percent in november. the national average for gasoline is now $3.30 a gallon. >> and that is the main reason consumer prices were down last month. the index of consumer prices which includes everything from the cost of milk to the price of a haircut fell three-tenths of a percent, that is the largest drop since may. >> but here on wall street investors ignored that up beat news and were fixated on the stalled talks in washington about the fiscal cliff. >> the dow lost 36 points, the nasdaq down 21, the s and b 500 fell, s&p fell also. >> looking at the outlook for gas and oil prices, we turn to an oil analyst, founding partner at again capital. >> you know, john, i was thinking looking over these numbers a few weeks ago here in the northeast we were paying close to $5 a gallon for gasoline, of course it was because of hurricane sandy and standing in line, gas lines, and now this. i know it is a special situation, but what is going on here? >> well, t
.," new york. >> well, if you driving to the mall, you are paying a lot less for gas, pump prices are plunging dropping seven and a half percent in november. the national average for gasoline is now $3.30 a gallon. >> and that is the main reason consumer prices were down last month. the index of consumer prices which includes everything from the cost of milk to the price of a haircut fell three-tenths of a percent, that is the largest drop since may. >> but here on wall...
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Dec 18, 2012
12/12
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they got their start five years ago in new york state and now has revenues of nearly $1 billion. the founder and c.e.o. joins us now, hamdi ulukaya, thanks for joining us. >> thank you for having me. >> susie: so this is a real vote of confidence, especially in these tough economic times. why are you doing this big expansion right now? >> well, we trust in our business, we trust in our brand. thio gurt has a very exciting time in america right now, since we started five years ago. but also overall in the economy, if you look at t you know, we never lost confidence in america. we have some bumpy roads but we think that all things are going to go in a different direction in the next two years and we see it in our own business. >> susie: your business has been growing tremendously fast but there are a lot of other players that are getting into the greekio gurt area from general mills to dannon. what kind of pressure is this going to put on you competitively? >> look,io gurt has been around for long long time. not only in this country but in the world. but unfortunately, you know, we
they got their start five years ago in new york state and now has revenues of nearly $1 billion. the founder and c.e.o. joins us now, hamdi ulukaya, thanks for joining us. >> thank you for having me. >> susie: so this is a real vote of confidence, especially in these tough economic times. why are you doing this big expansion right now? >> well, we trust in our business, we trust in our brand. thio gurt has a very exciting time in america right now, since we started five years...
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Dec 20, 2012
12/12
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suzanne pratt, "n.b.r.," new york. >> susie: our "nbr-u" partners at wharton have new research showing how accounting for government loan guarantees, like the one given to g.m., is impacting uncle sam's bottom line. you can learn more on the web, just head to: www.nbr.com and look for the "nbr-u" tab. >> tom: look for the dirt two fly in coming months. permits to build new homes in the u.s. shot up to more than a four-year high last month as actual home building slowed down a bit. housing starts fell 3% in november from the month before, but it has been a strong recovery, compared to a year ago, housing starts up 21.6%. the building permit, jumping 3.6% in november, up to their highest level since july 2008. martin connor is the chief financial officer, and he joins us tonight from pennsylvania. marty, welcome back to n.b.r. have you been out there increasing your building permit for next year? >> tom, it is great to be with n.b.r. i do think we are increasing our permits. we've seen dramatic increases in our sales through the first four quarters of our year, all four quarters of our y
suzanne pratt, "n.b.r.," new york. >> susie: our "nbr-u" partners at wharton have new research showing how accounting for government loan guarantees, like the one given to g.m., is impacting uncle sam's bottom line. you can learn more on the web, just head to: www.nbr.com and look for the "nbr-u" tab. >> tom: look for the dirt two fly in coming months. permits to build new homes in the u.s. shot up to more than a four-year high last month as actual home...
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Dec 20, 2012
12/12
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our urban products in the metro new york area have met with great success. and we're pleased to be between washington and boston with approximately 50% of our business because that market continues to be reasonably strog. >> tom: that isg. hot area. >> out on the west coast -- the job markets -- i think texas seems to have its own economy. the job market in texas is pretty strong. i think cifornia has been reasonably strong for us as well. particularly up in the silicon valley area. i think the success of a number of the companies upn there is driving the market. and seattle is another pretty wels well-positioned employment base and we've seen good sales up there. >> tom: from the east cost to the west coast with toll brothers chief financial officer martin connor with us. >> susie: investors are trading on headlines, and the head is all about fiscal cliff. yesterday the dow was up 100 points. today own 100 points all because the headlines weren't looking at0 favorable. >> tom: just very sensitive to any of the rhtoric coming out of washington for the stock
our urban products in the metro new york area have met with great success. and we're pleased to be between washington and boston with approximately 50% of our business because that market continues to be reasonably strog. >> tom: that isg. hot area. >> out on the west coast -- the job markets -- i think texas seems to have its own economy. the job market in texas is pretty strong. i think cifornia has been reasonably strong for us as well. particularly up in the silicon valley area....
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Dec 13, 2012
12/12
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new york state has been at the forefront of holding non-profits accountable. the state attorney general has asked more than 75 charities to show where their sandy relief donations are going. >> these scammers tend to take advantage of people in emotional situatns, when they're very concerd about things le disaster relief, and will respond to an ad or an email without really taking the extra step of checking. >> reporter: schneiderman hopes other states follow suit and ask non-profits to disclose information about the reputability of their organization. more than two billion people around the world are expected to tune in to tonight's concert, raising more than $60 million. ruben ramirez, "n.b.r.," new york. >> tom: that's "nightly business report" for wednesday, december 12. have a great evening, everyone. and you, too, susie. >> susie: tom, we're comi to the close of 12-12-12. and i hope it's been a good day for you. thanks for watching, everyone. join us online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media acces
new york state has been at the forefront of holding non-profits accountable. the state attorney general has asked more than 75 charities to show where their sandy relief donations are going. >> these scammers tend to take advantage of people in emotional situatns, when they're very concerd about things le disaster relief, and will respond to an ad or an email without really taking the extra step of checking. >> reporter: schneiderman hopes other states follow suit and ask...
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Dec 21, 2012
12/12
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there are a lot of talented people at the new york stock exchange. i know there are a lot of very talented people at ice. and the two sort of fit together very nicely. ice's expertise are in the futures funds and in the clearinghouses. the nyse expertise are, of course, in the listings and in the life, which was mentioned by your reporter there, in europe. and so i think you're going to see these two companies combine with ice taking over the nyse. you're going to see a much stronger company, a company that is going to do very well. and i think the stockholders are going do very well because of that. >> susie: we're go stock watching that story right here in our backyard. we will be watching it closely. thank you so much, real pleasure talking with you. senator judd gregg, former republican senator from new hampshire. >> i'm >> reporter: i'm ruben ramirez. still ahead, we'll take a look at how mobile payment technology may soon replace having to carry a plastic credit card. >> tom: we got another look at the economy between july and september, and it
there are a lot of talented people at the new york stock exchange. i know there are a lot of very talented people at ice. and the two sort of fit together very nicely. ice's expertise are in the futures funds and in the clearinghouses. the nyse expertise are, of course, in the listings and in the life, which was mentioned by your reporter there, in europe. and so i think you're going to see these two companies combine with ice taking over the nyse. you're going to see a much stronger company, a...
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Dec 8, 2012
12/12
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dispatched to new jersey, new york, and connecticut. for the barrier island off the coast of new jersey, it was north of the eye of the storm but think of it like a windmill spinning counter-clockwise. >> seaside was hit with a 37- foot wall wave so that a pretty big wall that was coming in so that a lot of power. that's crashing in here and all that force. it's brining sand. it's bringing all that water in. >> reporter: it wasn't until nearly a month later that insurance adjuster's were allowed on the island to asses the damage. >> the "l" shape everything is going down from the weight of the sand that was pushing it and the water that was pushing it out. it pushed his neighbor's shed completely into the side of his house. he had 5 1/2 feet of water inside his house so everything on the first floor needs to be completely gutted. >> reporter: john marchetti's house sits just two doors closer to the beach. >> i do have homeowners insurance and flood. homeowners doesn't cover very much. everything from the sky is homeowners and everything
dispatched to new jersey, new york, and connecticut. for the barrier island off the coast of new jersey, it was north of the eye of the storm but think of it like a windmill spinning counter-clockwise. >> seaside was hit with a 37- foot wall wave so that a pretty big wall that was coming in so that a lot of power. that's crashing in here and all that force. it's brining sand. it's bringing all that water in. >> reporter: it wasn't until nearly a month later that insurance adjuster's...
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Dec 27, 2012
12/12
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. >> school of business at dartmouthith us tonight in new york. sydney, nice to see you and welcome. you have four of the worst c.e.o.'s of the year, beginning with number 4, mark pincus, manager of zynga that relies on facebook for its success. what brought mark to your list. >> facebook and zynga announced they would go their separate ways and no longer be tied in and you can guess who that will affect more, facebook or zynga. one executive manager after anotheras lftnd that is always something i have seen as one of the reason warnings signs of something going wrong. along the way acquisition was made for $180 millujjy didn't take them more than half a year to write down 50% of the value of that acquisition. so it really look like a company that is floundering and mark pincus along the way ended out cashing out as quickly as possible raising eye browse in the possible. >> to the makeup industry and fashion. andrea young, the former c.e.o. of avon, still the chairman. this company rejected a buy outr offer earlier in the year when the share price
. >> school of business at dartmouthith us tonight in new york. sydney, nice to see you and welcome. you have four of the worst c.e.o.'s of the year, beginning with number 4, mark pincus, manager of zynga that relies on facebook for its success. what brought mark to your list. >> facebook and zynga announced they would go their separate ways and no longer be tied in and you can guess who that will affect more, facebook or zynga. one executive manager after anotheras lftnd that is...
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Dec 6, 2012
12/12
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suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. that number blows away the initial estimate of 1.9%. erika miller takes a closer look at how technology is helping to boost safety and productivity. >> reporter: three years ago, this long island hospital had a problem: healthcare workers weren't cleaning their hands as often as required. >> 100,000 people die each year in the united states from hospital acquired infections. that's more than the number of people who die from breast cancer and from auto accidents. it's a huge problem, one that we want to make a dent in. >> reporter: lowering t
suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its...
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Dec 28, 2012
12/12
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.," new york. >> susie: using your phone for shopping, is just one of the ways you will use your cell phone in the coming year. as processing power gets bigger and the physical size gets smaller, companies are using that mobile technology to make products you use every day smarter as well. as ruben ramirez reports, those are two of the top tech trends we'll see in 2013. >> reporter: people use smartphones to play games, watch movies and keep up with social media, but for many the mobile phone will become a bigger part of their lives in the coming year. trendwatchers call it the mobile fingerprint or a smartphone as unique as your fingerprint. no need to type in passwords, your phone tells your computer its you, and then locks the screen when you step away. on the health front there's technology to let a smartphone help diabetics measure their glucose levels. and with retailers, going mobile means more than processing payments. >> we do something very specific which is not just focus on the mechanics of payments but the experience around it. everything from the point of sale all the wa
.," new york. >> susie: using your phone for shopping, is just one of the ways you will use your cell phone in the coming year. as processing power gets bigger and the physical size gets smaller, companies are using that mobile technology to make products you use every day smarter as well. as ruben ramirez reports, those are two of the top tech trends we'll see in 2013. >> reporter: people use smartphones to play games, watch movies and keep up with social media, but for many...
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Dec 7, 2012
12/12
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suzanne pratt, nbr, new york. >> susie: when it comes to new claims for jobless benefits, the effects of super storm sandy appear to be passing. new claims fell by 25,000 in the week ending december 1 to a lower than expected 370,000 requests. that's raising hopes about november's jobs data, which is due out tomorrow. grey, and christmas says u.s. employment firm challenger, grey, and christmas says u.s. companies announced 57,000 job cuts last month. separately, the number of planned job cuts rose 20% in november from october's levels. on wall street, the dow rose 39 points, but the nasdaq added 15, the s&p up nearly five. >> reporter: i'm erika miller in new york. coming up tonight, we'll talk to the c.e.o. of kitchen store sur la table and get his outlook for holiday sales. >> tom: lots of theatrics today, but few visible signs of progress in washington towards a fix for the fiscal cliff. the only hopeful sign is that republicans and democrats are talking privately again. but they haven't worked out any of the big issues, including what to do about the nation's debt limit. washingt
suzanne pratt, nbr, new york. >> susie: when it comes to new claims for jobless benefits, the effects of super storm sandy appear to be passing. new claims fell by 25,000 in the week ending december 1 to a lower than expected 370,000 requests. that's raising hopes about november's jobs data, which is due out tomorrow. grey, and christmas says u.s. employment firm challenger, grey, and christmas says u.s. companies announced 57,000 job cuts last month. separately, the number of planned job...